Stock Broking Houses
Stock broking house offers various financial services and products in such a way that it leads to best possible gains for the entities involved in these dealings.
The stockbrokers are not only concentrating on towering sensex but also busy recruiting people to manage their expanding network. Stock broking houses are likely to create over 50,000 job opportunities in next one year for diverse functions. The broking houses are hunting for people to work in such areas as system maintenance, back office, and marketing. They are also in need of dealers, customer relationship managers, and analysts. Stockbrokers are also looking for sophisticated IT professionals to maintain their offices.
All well-known stock broking houses such as Indiabulls, Anagram Stock Broking, Fortis Securities, Apollo Sindhoori Capital Investments and several other home players are expanding their networks. At the same time, growing trading on commodity exchanges has also fuelled the growth of the markets ensuing in demand for more work forces. The opinion leaders in the sector are of the opinion that the educational institute should now focus on introducing focused courses for training students about stocks and commodity trading.
The broking house is confident to retain graduates for longer as they usually avoid taking risks and venture out to looking for better projection due to lack of degree. However, the sector is also facing competition from the BPO houses in attracting talent. The outsourcing of financial services has resulted in demand for candidate with commerce and finance background. The outsourcing companies are proving better paymasters for the fresher with right qualifications and control over language.
Having witnessed a high level of consolidation in the last 3-4 years, the domestic stock-broking houses could tap the IPO market to raise finances for their expansion, besides acquisitions and mergers.
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